![LTCG Derived Exclusive from Equity Shares and Equity-Oriented Mutual Funds only Exempted u/s 10(38): ITAT Remits Matter [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107184-ltcg-derived-exclusive-equity-shares-equity-oriented-mutual-funds-itat-remits-matter-taxscan.webp "LTCG Derived Exclusive from Equity Shares and Equity-Oriented Mutual Funds only Exempted u/s 10(38): ITAT Remits Matter [Read Order]")
LTCG Derived Exclusive from Equity Shares and Equity-Oriented Mutual Funds only Exempted u/s 10(38): ITAT Remits Matter [Read Order]
The Delhi Bench of the Income Tax AppellateTribunal (ITAT) held that Long-Term Capital Gains (LTCG) derived exclusively from Equity Shares and...
![Conversion of loan amount into equity shares will not exonerate assessee from application of provisions U/S 56(2)(viib): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Conversion-of-loan-amount-equity-shares-exonerate-assessee-from-application-of-provisions-ITAT-taxscan.jpg "Conversion of loan amount into equity shares will not exonerate assessee from application of provisions U/S 56(2)(viib): ITAT [Read Order]")
True and Full Disclosure regarding Valuation of Equity Shares: Bombay HC quashes Re-Assessment Notice [Read Order]
The Bombay High Court quashed re assessment notice as there was true and full disclosure regarding valuation of equity shares. The Petitioner, The Suminter Organic and FairTrade Cottton Ginning...
![True and Full Disclosure regarding Valuation of Equity Shares: Bombay HC quashes Re-Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Valuation-of-Equity-Shares-Equity-Shares-Shares-Bombay-High-Court-Re-Assessment-Notice-Re-Assessment-Notice-taxscan.jpg "True and Full Disclosure regarding Valuation of Equity Shares: Bombay HC quashes Re-Assessment Notice [Read Order]")
Proper consideration of Raising Funds though FCCB into Convertible Bond of Ordinary Equity Shares: ITAT dismisses Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad dismissed appeal as proper consideration of raising funds though FCCB into convertible bond of ordinary equity shares. The assessee, M/s. ORG...
![Proper consideration of Raising Funds though FCCB into Convertible Bond of Ordinary Equity Shares: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Funds-FCCB-Convertible-Bond-Equity-Shares-ITAT-Appeal-taxscan.jpeg "Proper consideration of Raising Funds though FCCB into Convertible Bond of Ordinary Equity Shares: ITAT dismisses Appeal [Read Order]")
Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]
the Income Tax Appellate Tribunal (ITAT), Kolkata Bench denied claim of exemption under Section 10(38) of the Income Tax Act,1961 as there was long term capital gains from the sale of equity shares....
![Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Long-Term-Capital-Gain-Sale-Equity-Shares-ITAT-taxscan.jpg "Long Term Capital Gain from Sale of Equity Shares: ITAT denies Claim of Exemption u/s 10(38) [Read Order]")
![Loss from Equity Shares eligible to deduct as a Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/equity-shares-deduct-business-loss-ITAT-taxscan.jpeg "Loss from Equity Shares eligible to deduct as a Business Loss: ITAT [Read Order]")
Expenditure on Conversion of Convertible Debentures into Equity Shares is 'Capital' in Nature: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the expenditure incurred on conversion of convertible debentures into equity shares would amount to capital expenditure and...
![Expenditure on Conversion of Convertible Debentures into Equity Shares is Capital in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Expenditure-conversion-of-Convertible-Debentures-equity-shares-Capital-ITAT-Taxscan.jpg "Expenditure on Conversion of Convertible Debentures into Equity Shares is Capital in Nature: ITAT [Read Order]")
